Martinsburg Public Library Comm A Corp Created By Ord Of Council
- Assets
- $7.2m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 47
- Location
- Martinsburg, WV
- Founding
- 05/2009
- Data as of
- 06/2022
- EIN
- 55-0483256
Organization Overview
Martinsburg Public Library Comm A Corp Created By Ord Of Council, operating under the name Martinsburg-Berkeley County Public Library, is located in Martinsburg, WV. The organization was established in 2009. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 06/2022, Martinsburg-Berkeley County Public Library employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martinsburg-Berkeley County Public Library is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Martinsburg-Berkeley County Public Library generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A PUBLIC LIBRARY WHICH SERVICES THE NEEDS OF THE COMMUNITY BY PROVIDING FREE EDUCATIONAL MATERIALS AND ENTERTAINMENT, THOUGH BOOKS, MAGAZINES, ELECTRONIC DATA BASES AND INTERNET ACCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING LIBRARY MATERIALS, INTERNET ACCESS AND PROGRAMMING TO THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gretchen Fry Director | Officer | 40 | $68,316 |
David Porterfield Assistant Director | Officer | 40 | $62,205 |
Lakyn Ausherman Member | Trustee | 0 | $0 |
Billie Jay Grey Secretary | Trustee | 0 | $0 |
Sara Douglass Treasurer | Trustee | 0 | $0 |
Gary Wine Chairman | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,805,359 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,827,117 |
| Total Program Service Revenue | $82,132 |
| Investment income | -$104,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,804,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,521 |
| Compensation of current officers, directors, key employees. | $13,052 |
| Compensation to disqualified persons | $665,258 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | -$25,477 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $445 |
| Office expenses | $78,798 |
| Information technology | $23,346 |
| Royalties | $0 |
| Occupancy | $63,477 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,539 |
| Interest | $19,714 |
| Payments to affiliates | $442 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $38,468 |
| All other expenses | $0 |
| Total functional expenses | $1,319,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $588,937 |
| Savings and temporary cash investments | $1,039,915 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,408 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,569 |
| Net Land, buildings, and equipment | $3,584,336 |
| Investments—publicly traded securities | $989,016 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,015,072 |
| Total assets | $7,245,253 |
| Accounts payable and accrued expenses | $59,166 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $544,616 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,012,118 |
| Total liabilities | $1,615,900 |
| Net assets without donor restrictions | $5,629,353 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,245,253 |